GCI Liberty, Inc.

GCI Liberty, Inc. Class A Common Stock represents ownership in GCI Liberty, Inc., a company formed as a spin-off from Liberty Broadband Corporation in mid-2025. GCI Liberty oversees communications businesses including its wholly owned subsidiary GCI, LLC, which is Alaska's largest provider of data, mobile, video, voice, and managed services, serving over 200 communities throughout the state. The company has made significant investments exceeding $4.7 billion over several decades to expand and enhance its Alaska statewide network infrastructure, aiming to improve connectivity and reduce the digital divide. GCI Liberty's diversified portfolio positions it as a key player in regional telecommunications, blending traditional and managed service offerings to consumers, businesses, government entities, and carriers. It operates multiple classes of common stock and maintains public trading status following its spin-off, reflecting its strategic role within the broader Liberty Broadband ecosystem and the communications sector at large.